Top economy stories: US edges closer to default amid debt ceiling deadlock; Banking crisis triggers G7 focus on financial system resilience; Debt troubles rising in North Africa. Treasury Secretary Janet Yellen goes even further, saying a default would trigger a global economic downturn and risk undermining US global economic leadership. We are now helping central banks build, pilot and scale innovative policy frameworks for guiding the implementation of DLT, with a focus on central bank digital currencies (CBDCs). More on finance and the economy on AgendaWhat’s next for the global economy? From recession prospects to structural challenges, here are the highlights from the Chief Economists Briefing session at the World Economic Forum’s Growth Summit 2023.

Source: The North Africa Journal May 15, 2023 08:00 UTC